Sep, 2015 : Equinix to Make California Data Centers 100% Renewable


Sep 29, 2015 - Equinix, Inc., the global interconnection and data center company, today announced that it has signed a power purchase agreement (PPA) for 105 megawatts (MWAC) of new solar power with SunEdison, Inc. (NYSE: SUNE), the largest global renewable energy development company. This purchase will cover all of Equinix's California data centers, including 11 facilities located in the Los Angeles and Silicon Valley metro areas, as well as its Redwood City, California global headquarters. With this deployment, Equinix's data center footprint will increase its use of clean, renewable sources from 30% to 43% globally.

Highlights / Key Facts

The project, known as the Mount Signal Solar II project, will be located in the territory of San Diego Gas & Electric near Calexico, California, and just north of the United States-Mexico border. Construction of the 150 MWAC total capacity solar farm is expected to begin in 2015 and achieve commercial operation in the second half of 2016.

The Mount Signal Solar II project is expected to generate 300,000 MWh per year to offset Equinix's electrical consumption. The project will effectively reduce Equinix's carbon footprint by over 180 million lbs of CO2 annually – the equivalent of taking 18,000 passenger cars off of U.S. roads each year [1]. Equinix will also receive Green-e certified renewable energy certificates from SunEdison to bridge the approximately 12 months from contract execution to project completion.

Earlier this year Equinix announced its commitment to 100 percent clean and renewable energy for its entire global footprint of 105 data centers located in 33 markets. Through ongoing development of partnerships Equinix continues to deploy innovative new technologies to make this commitment a reality. Most recently it deployed a 342 kWp PV solar system at its SG3 International Business Exchange™ (IBX®) data center in Singapore and is in the process of installing a 1MW fuel cell system, fueled by bio-gas, at its Silicon Valley (SV5) data center.

Equinix also announced today that it has signed on to the World Resources Institute (WRI) and World Wildlife Fund (WWF) Corporate Renewable Energy Buyers' Principles, which are used to advocate for easier access to, cost competitiveness of, and increased grid use of renewable energy sources.

Additionally, Equinix has joined the Rocky Mountain Institute's Business Renewables Center (BRC) which is a collaborative platform aimed at accelerating corporate renewable energy procurement. SunEdison is a founding project developer member of the BRC.

About Equinix

Equinix, Inc. (Nasdaq: EQIX) connects the world's leading businesses to their customers, employees and partners inside the most interconnected data centers. In 33 markets across five continents, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies. www.equinix.com.

About SunEdison

SunEdison is the largest global renewable energy development company and is transforming the way energy is generated, distributed, and owned around the world. The company develops, finances, installs, owns and operates renewable power plants, delivering predictably priced electricity to its residential, commercial, government and utility customers. SunEdison is one of the world's largest renewable energy asset managers and provides customers with asset management, operations and maintenance, monitoring and reporting services. Corporate headquarters are in the United States with additional offices and technology manufacturing around the world. SunEdison's common stock is listed on the New York Stock Exchange under the symbol “SUNE.” To learn more, visit www.sunedison.com.

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